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Oct 9, 2012
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. >>> controlling the deficit is one of the key issues of campaign 2012. this week, a group of bipartisan senators is meeting in virginia to try to keep the nation from falling off the so called fiscal cliff. the group of eight senators, four republicans and four democrats, is expected to meet for three days to try and reach a deficit reduction proposal that's acceptable to congress and the president. the fiscal cliff refers to budget control measures scheduled to take effect at year's end, including tax increases and spending cuts. >>> today attack now on the u.s. consulate in libya. one of the men responsible for the security of u.s. diplomatic in libya said he knew there were security issues there long before the deadly attack in benghazi. he's scheduled to testify tomorrow. sheryl atkinson has his story. >> reporter: lieutenant colonel andrew wood last set foot in libya in february to elite a security team with expertise in counterterrorism. from the moment he arrived, he says he saw chaos. >> shooting instances occurred. many instances involving the l
. >>> controlling the deficit is one of the key issues of campaign 2012. this week, a group of bipartisan senators is meeting in virginia to try to keep the nation from falling off the so called fiscal cliff. the group of eight senators, four republicans and four democrats, is expected to meet for three days to try and reach a deficit reduction proposal that's acceptable to congress and the president. the fiscal cliff refers to budget control measures scheduled to take effect at year's...
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Oct 12, 2012
10/12
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my-- the idea that they're so concerned about these deficits. as i pointed out, he voted to put two wars on a credit card. he did. >> we're going to the closing statements. >> just a second. >> you're going to have your closing statement. >> not raising taxes is not cutting taxes. by the way our budget. >> we have not raised taxes. >> 3% a year instead of $4.5%. >> not spend-- >> let me-- i want to talk to you very briefly before we go to closing statements about your own personal character. if you are elected, what could you both give to this country as a man, as a human being, that no one else could? >> honesty. no one else could? there are plenty of fine people who could lead this country. but what you need are people who when they say they're going to do something, they go do it. what you need are when people see problems, they offer solutions to fix those problems. we're not getting that. look, we can grow this economy faster. that's what our five-point plan for a stronger middle class is about. 12 million jobs, higher take home pay, gettin
my-- the idea that they're so concerned about these deficits. as i pointed out, he voted to put two wars on a credit card. he did. >> we're going to the closing statements. >> just a second. >> you're going to have your closing statement. >> not raising taxes is not cutting taxes. by the way our budget. >> we have not raised taxes. >> 3% a year instead of $4.5%. >> not spend-- >> let me-- i want to talk to you very briefly before we go to closing...
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Oct 7, 2012
10/12
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CSPAN
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we are facing $120 billion trade deficit a center of this country. we're facing problems with the environment. i think what we will be doing over the next several weeks -- i am absolutely delighted the league is sponsoring the debates and we are able to now speak to the american public and address the issues and i was such as this. i think you will see a change. >> you have one minute to rebuttal. >> i was glad to get the vote of confidence from misses economic judgment. the other day she was a plant and she said to the workers, why are so many of the voting for the reagan-bush ticket? there was a long silence. she said, we delivered. that is the problem. i am not blaming her accept for the liberal voting record and enter the house. they deliver 21 and a half -- 21.5% interest rate. they delivered what they called malaise. they delivered interest rates off the chart. they delivered take home pay that was shrinking. we have delivered optimism. 6 million people are going back to work. 300,000 jobs a month of being created. that is why there was a death
we are facing $120 billion trade deficit a center of this country. we're facing problems with the environment. i think what we will be doing over the next several weeks -- i am absolutely delighted the league is sponsoring the debates and we are able to now speak to the american public and address the issues and i was such as this. i think you will see a change. >> you have one minute to rebuttal. >> i was glad to get the vote of confidence from misses economic judgment. the other...
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Oct 9, 2012
10/12
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there may be a link between exposure to mercury during pregnancy and attention deficit hyper activity disorder in kids. study looked at 400 children and found an increased risk of adhd behavior in kids whose mothers are higher levels of mercury. some fish included tuna and swordfish which have higher levels of mercury. >>> san francisco is about to get its first target store. the doors open for everybody tomorrow but tonight there is a ribbon-cutting ceremony and grand opening celebration. in august, hundreds of people turned up for a job fair for the store at the metreon center at 4th and mission. this store is maller than most target stores and won't sell large items that are hard to carry home. >>> high-end department store nieman marcus is set to release its annual christmas book loaded with plenty of indulgent gifts including a $42,000 tour of european flower shops on a private jet. hm. and a $250,000 hand made mahogany speedboat. take a look at that. this area's catalog will be nieman's 86th edition of the fantasy gift book. i'll start making my list. >> don't hold your breath.
there may be a link between exposure to mercury during pregnancy and attention deficit hyper activity disorder in kids. study looked at 400 children and found an increased risk of adhd behavior in kids whose mothers are higher levels of mercury. some fish included tuna and swordfish which have higher levels of mercury. >>> san francisco is about to get its first target store. the doors open for everybody tomorrow but tonight there is a ribbon-cutting ceremony and grand opening...
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Oct 9, 2012
10/12
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so yeah, if any team is going to come back from an 0-2 deficit in the american league division series it has to be your oakland as. >> so there is a game tonight at home. do you think that's going to give the as a home field advantage? >> reporter: you know, the way that the play-offs structure is scheduled this year with two games on the road and three games at home, it really doesn't give you that much of a home field advantage. sure, it's great to have three in a row. to start the series on the road, that's really tough. and as we saw, verlander was really difficult on saturday. three games at home with a packed coliseum everyone waving these rally towels that we got at the rally last night i think it's going to motivate these boys to play well and play to the bitter end. >> they have done it to win six or seven in a row just to make it where they were to win the division and swept the rangers at home in three straight when a lot people said you don't have a prayer. so tigers watch out because i think they feel get them tonight. >> reporter: i think you're right. we swept the range
so yeah, if any team is going to come back from an 0-2 deficit in the american league division series it has to be your oakland as. >> so there is a game tonight at home. do you think that's going to give the as a home field advantage? >> reporter: you know, the way that the play-offs structure is scheduled this year with two games on the road and three games at home, it really doesn't give you that much of a home field advantage. sure, it's great to have three in a row. to start...
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Oct 8, 2012
10/12
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budget deficit. he can do that, he says, by capping the value of tax breaks available to the individual taxpayer. this plan would up and financial planning for millions of middle- class households. up and the financial planning? guest: there would be a dramatic change. whether that is the right way to limit tax preferences can be debated. host: tell us what his cap means. when i go to pay my taxes? guest: it does not pay 70% of taxpayers, who take the standard deduction. that is still mostly lower and middle-income taxpayers. it would affect those who deduct their charitable contributions, mortgage interest, and state and local taxes. i'm not certain how the romney campaign has labeled it. what it is to say is that there would be a cap, $17,000. during the debate here for to a $25,000 as a possible value -- there is uncertainty there. but you can claim this deduction is up to that amount. if you have deductions over that, it would be gone. for opera-income people, if you have a cap, most of the top 2
budget deficit. he can do that, he says, by capping the value of tax breaks available to the individual taxpayer. this plan would up and financial planning for millions of middle- class households. up and the financial planning? guest: there would be a dramatic change. whether that is the right way to limit tax preferences can be debated. host: tell us what his cap means. when i go to pay my taxes? guest: it does not pay 70% of taxpayers, who take the standard deduction. that is still mostly...
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Oct 12, 2012
10/12
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CSPAN2
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so yes, we should tackle the deficit and actually the deficit can be seen very much so as a children's issue. because they will be paying back the effect is we will be making an investment so that generation is strong and can fulfill their god-given potential. so very strong and it's bipartisan. democrats, republicans unanimously believe and i will often point out we have people from tea parties so you might think here's a group that might not be with us. on five of the seven measures the vast majority of the tea partiers were opposed to cutting children's programs. we need to do a little bit of work on headstart in student loans but on child health, medicaid and other issues, they opposed making cuts to children's programs. >> do you have a question? >> good morning. i am billow hair. i have a special place in my heart for the date and i appreciate your efforts. i have a two-part question if i could. one is any plant about replicating this in the future in terms of a yearly or biyearly thing? i really think it would be helpful and second in the plans of taking the report card down to
so yes, we should tackle the deficit and actually the deficit can be seen very much so as a children's issue. because they will be paying back the effect is we will be making an investment so that generation is strong and can fulfill their god-given potential. so very strong and it's bipartisan. democrats, republicans unanimously believe and i will often point out we have people from tea parties so you might think here's a group that might not be with us. on five of the seven measures the vast...
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Oct 14, 2012
10/12
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WJLA
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obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents ofof every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. x a little bit of rain tomorrow. grab your umbrella. at one point in the day i guarantee you will need. 72 degrees for high, then a cold front arrives. tuesday, lower to middle 60's and then towards back up into the lower 70's on thursday. at the end of the day. that's why walgreens is introducing balance rewards. it's an easy way to save and get more of what you love walgreens for. earn points for prescriptions and everyday items and redeem them right at checkout whenever something catches your eye. sign up in-store or online; it's instant points and endless rewards. at the corner of happy and healthy. [ female announcer ] some prescriptions are not eligible t
obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents ofof every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. x a little bit of rain tomorrow. grab your umbrella. at one point in the day i guarantee you will need. 72...
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Oct 12, 2012
10/12
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CSPAN2
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, but it also will be mindful of the education deficit, also mindful of the infrastructure deficit and mindful of the competitive deficit, and we have to recognize there's many different kinds of deficits of which the financial deficit is only one. >> i think that's a fantastic ending for your talk today. thank you so much, larry. [applause] >> two presidential debates coming up. >> defense secretary says the u.s. space has the possibility of a close cyber pearl harbor that could shut down the transportation system, military networks, and military systems. secretary panetta's remarks came yesterday in new york city. >> frank, five words. you deserve to be here. [applause] ladies and gentlemen, it is now and high honor to introduce the most talented, versatile, and experienced leaders in american government, a man who serves our country by meeting the extraordinary challenges of our times. i am sure secretary of defense, leon panetta thinks on his days in the u.s. army intelligence where he received the army accommodation metal. he chaired the house budget committee before moving on to
, but it also will be mindful of the education deficit, also mindful of the infrastructure deficit and mindful of the competitive deficit, and we have to recognize there's many different kinds of deficits of which the financial deficit is only one. >> i think that's a fantastic ending for your talk today. thank you so much, larry. [applause] >> two presidential debates coming up. >> defense secretary says the u.s. space has the possibility of a close cyber pearl harbor that...
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Oct 9, 2012
10/12
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-- new deficit neutral. in other words, no cost to the deficit and cutting $5 trillion mainly for the wealthy. let's watch. >> with regards to that tax cut, look, i'm not looking to cut massive taxes and to reduce the revenues going to the government. my number one principle is there will be no tax cut that adds to the deficit. i want to underline that. no tax cut that adds to the deficit. >> his running mate just dates before, paul ryan directly contradicted romney. ryan said lowering the tax rates was more important than anything else, including getting rid of those deductions to pay for them supposedly. let's watch. >> what's most important to romney, would he scale back on the 20% tax cut for the wealthy? would he scale back and say, okay, we're going to have to raise taxes for the middle class? i guess the question is what's most important to him in his tax reform plan -- >> keeping tax rates down. by lowering tax rates, people keep more of the next dollar they earn. >> that's more important -- >> that'
-- new deficit neutral. in other words, no cost to the deficit and cutting $5 trillion mainly for the wealthy. let's watch. >> with regards to that tax cut, look, i'm not looking to cut massive taxes and to reduce the revenues going to the government. my number one principle is there will be no tax cut that adds to the deficit. i want to underline that. no tax cut that adds to the deficit. >> his running mate just dates before, paul ryan directly contradicted romney. ryan said...
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Oct 10, 2012
10/12
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mitt romney had that deficit. looks like mitt romney has done himself some good in that debate to close that gap. i think you will see the first ladies out there and it is better for the first lady to talk about the "sesame street" line and big bird than the president. you saw that ad out yesterday that many people called absurd. you saw raerp romney have that editorial today and basically saying big bird versus a small president. i think they will step back from having a president talk about big bird and have the first lady do it instead. >> okay. hogan, let's jump ahead to tomorrow night. appreciate sewer truly on for vice president joe biden to deliver the debate in kentucky, same quote. team baerm needs a strong performance from biden to make up for last week and change the subject. another bad outing by a member of the ticket and democratic hand wringing could turn into full-fledged panic. is the shoe on the other foot now with president obama being the underdog, team romney, was panicking? certainly before l
mitt romney had that deficit. looks like mitt romney has done himself some good in that debate to close that gap. i think you will see the first ladies out there and it is better for the first lady to talk about the "sesame street" line and big bird than the president. you saw that ad out yesterday that many people called absurd. you saw raerp romney have that editorial today and basically saying big bird versus a small president. i think they will step back from having a president...
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Oct 10, 2012
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some serious deficit reduction. and i think when he looks at the math, if the three choices if, what i've outlined is correct and almost every expert agrees, you can only have two of those. which is the one that even he might go for? i'm not saying he will say that tomorrow. but i don't think he'll be the president so it won't matter. but that's what i think. >> does this put pressure on your colleagues? >> you know, there's no pressure i can put on them. i can propose an idea and see people grasp it. if it helps move things forward, that is my intention and i hope that's what happens. >> i want to double-check in terms of major retirement entitlement reform. one of the big issues is raising the age. are you taking it off the table? >> no, i am not taking anything off the table. i have been personally against raising the age. i continue to be. i have never on any of these issues say i will not support this bill. i don't think raising the age will happen. i think there's a lot of opposition to it. >> you just mention
some serious deficit reduction. and i think when he looks at the math, if the three choices if, what i've outlined is correct and almost every expert agrees, you can only have two of those. which is the one that even he might go for? i'm not saying he will say that tomorrow. but i don't think he'll be the president so it won't matter. but that's what i think. >> does this put pressure on your colleagues? >> you know, there's no pressure i can put on them. i can propose an idea and...
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Oct 9, 2012
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CNBC
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. [ male announcer ] fedex office. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. on gasoline. i am probably going to the g
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm...
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Oct 11, 2012
10/12
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he put out a plan for ten dwreerz years to reduce the deficit. he's got a jobs bill sit in congress helping create 2 million jobs and the president's ready to act. the last thing the senate did before it left was to kill the senators on the republican side killed the bill to provide job opportunities for veterans, returning from iraq and afghanistan. so it's difficult to hear some of the claims because the president's been trying to push the jobs agenda for four years and it's tough when republicans have put obstacles up to getting the bills passed. >> why didn't the president fully embrace simpson-bowles when he had the opportunity? he patteded them on the back and said thank you. >> he took much of what was in simpson bowls and create ten-year $4 trillion reduction plan much of what you saw in simpson-bowles -- >> he missed the moment. there was a moment when something might have been accomplished. >> remember, he said, i'm going to take the idea of reducing the deficit by $4 trillion and show you what i would do and he presented that and he ga
he put out a plan for ten dwreerz years to reduce the deficit. he's got a jobs bill sit in congress helping create 2 million jobs and the president's ready to act. the last thing the senate did before it left was to kill the senators on the republican side killed the bill to provide job opportunities for veterans, returning from iraq and afghanistan. so it's difficult to hear some of the claims because the president's been trying to push the jobs agenda for four years and it's tough when...
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Oct 12, 2012
10/12
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WMAR
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the economy -- few questions, the economy, $16 i(kñtrillion deficit. 2r @&c% tár'g a mess. s iy]lj what is your solution to this? wof eaq most x?c7ñpoliticians and voter to the problem. 9odaho:cazyñb promise more government. 2012 what we í > is less government. if you want to address the debt and stww/.Ñ less government goispending. address unemployment, we need less government interference with the economy. we need less government manipulation, banking and housing sectors that made the interest rates mdogñ$'&b7>q. housing sjxsna1prices cbequall >> one ú9tz lch ~;jvñeducation is always going Òhas hard. to different things. we need a diversity of approaches in the education, if last thing we should do Ñ"o nationalize education from a department out of washington. one size doesn't fit all in education. washington doesn't know best. we should get rid of federal education department and not because it's too expensive because we care so much and we are paying right now to harm our children, we should stop. >> afghanistan, do you see an end in sight? >> we went in
the economy -- few questions, the economy, $16 i(kñtrillion deficit. 2r @&c% tár'g a mess. s iy]lj what is your solution to this? wof eaq most x?c7ñpoliticians and voter to the problem. 9odaho:cazyñb promise more government. 2012 what we í > is less government. if you want to address the debt and stww/.Ñ less government goispending. address unemployment, we need less government interference with the economy. we need less government manipulation, banking and housing sectors that...
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Oct 9, 2012
10/12
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WTTG
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. >> obama's four deficits are the four largest in history. >> reporter: with the debate performance showing up in the polls, it's putting more importance on the next two debates to come and looking ahead to tonight, both president obama and mitt romney are campaigning in ohio this evening. the president in columbus across the state, mitt romney near youngstown, one in the state and he will be joined by new jersey governor chris christy. >>> you heard it there and that is probably one of the most quoted clips. >> mitt romney sharing his desire to cut funding for pbs and its beloved character, big bird, of course. the obama campaign is out with a new tv ad going out with the line. >> gluttons of greed and the even genius who towered over them. one man has the guts to speak his name. >> big bird, big third, big bird. >> it's me, big bird. >> big, yellow, a menace to our economy. mitt romney knows it's not wall street you have to worry about, it'ses is me street. >> i'm going to stop the subsidy to pbs. >> reporter: mitt romney taking on the enemies no matter what is next. >> and theysh
. >> obama's four deficits are the four largest in history. >> reporter: with the debate performance showing up in the polls, it's putting more importance on the next two debates to come and looking ahead to tonight, both president obama and mitt romney are campaigning in ohio this evening. the president in columbus across the state, mitt romney near youngstown, one in the state and he will be joined by new jersey governor chris christy. >>> you heard it there and that is...
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Oct 9, 2012
10/12
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CSPAN
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we did not seek to reduce the deficit. simpson-bowles seeks to cut the top rate and reduce the deficit but did not shield the middle class. we need a third approach that project -- prioritizes reducing the deficit and protecting the middle class and is willing to forgo a reduction in the top rate and that is what i am proposing today. what should this proposal look like? it would have three principles -- first, as in 1986, it still makes sense to reduce the number of expenditures in the code to the extent possible. in figuring out which credits and deductions to eliminate, we must draw a line when it comes to protecting the middle class. we must understand that many of the expenditures in the tax code are not loopholes at all. tax preferences, things like a college education and retirement savings belong in the tax code even after reform happens. they were put in the code on purpose, to make a middle-class lifestyle accessible and sustainable for american families. tax reform recognized this in 1986 even as we cleared out
we did not seek to reduce the deficit. simpson-bowles seeks to cut the top rate and reduce the deficit but did not shield the middle class. we need a third approach that project -- prioritizes reducing the deficit and protecting the middle class and is willing to forgo a reduction in the top rate and that is what i am proposing today. what should this proposal look like? it would have three principles -- first, as in 1986, it still makes sense to reduce the number of expenditures in the code to...
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Oct 14, 2012
10/12
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CNN
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not raise the deficit and not reduce the share of taxes paid by the wealthy. the tax policy center which is an independent nonpartisan group has looked at the number and said those three things cannot be done at the same time, because if you cut taxes by 2 , 20%--so romney still has to explain how all of this would all add up without assuming an elevated level of economic growth which the congressional budget office does not do when they calculate a tax plan. so there's still that question on him and he has not fully answered it. and again, if the math is wrong, i think you need more specifics about what deductions he would remove to show that the math adds up with what he wants to do. >> this tuesday, the contenders square off, 7:00 p.m. eastern time is when our coverage begins and the debate will be moderated by cnn's candy crowley. >>> because of its questionable voter registration tactics in florida, here's cnn's joe johns. >> he's a veteran gop operative who just doesn't seem to go away. just a few weeks ago a wave of bad publicity hit -- disavowed by the
not raise the deficit and not reduce the share of taxes paid by the wealthy. the tax policy center which is an independent nonpartisan group has looked at the number and said those three things cannot be done at the same time, because if you cut taxes by 2 , 20%--so romney still has to explain how all of this would all add up without assuming an elevated level of economic growth which the congressional budget office does not do when they calculate a tax plan. so there's still that question on...
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Oct 13, 2012
10/12
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FOXNEWS
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. >> the trade deficit that china has cost the united states almost 3 million jobs. >> sherrod brawn is calling for action against cheating china. >> they don't play fair and we have to fight back. >> he said his bill will force trade -- >> it creates and protects job by cracking down on chinese currency manipulation. >> i brought democrats and republicans together to pass legislation on china. now we can level the playing field for workers. i'm sherrod brown and i approve this megsage. >> why are they spending so much from polling in other races show they are closing race? >> because they think this is as good a pickup tune as any that might be out there. look, the reality is sherrod brown, you described him as a populous. that's true he runs as such. he's also a liberal senator who is stuck to the hip to the obama administration roar. so on stimulus, on obamacare, and this is a state that is not necessarily overly liberal, in fact, it's conservative in many ways. they see this opportunity, they have this young man who is relatively new to politics, very charismatic, he's been a big
. >> the trade deficit that china has cost the united states almost 3 million jobs. >> sherrod brawn is calling for action against cheating china. >> they don't play fair and we have to fight back. >> he said his bill will force trade -- >> it creates and protects job by cracking down on chinese currency manipulation. >> i brought democrats and republicans together to pass legislation on china. now we can level the playing field for workers. i'm sherrod brown...
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Oct 9, 2012
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who knew that he was driving our deficit? we are going after that. he has decided we are going after big bird. elmo is making a run for the border. the governor romney once wall street who run wild, but he is going -- if governor romney wants wall street to run wild, but he is going to bring down the hammer on "sesame street." we cannot afford another round of tax cuts for the wealthy. we cannot afford to roll back regulations on banks and insurance companies. we cannot got our investments on education, clean energy, research, technology. that is not a plan to grow the economy. that is not change. we have been there. we have tried that. we are not going back. we are moving forward. that is why i am running for a second term as president of the united states. [applause] look -- we have got a different view about how you bring jobs and prosperity to america. the strong economy does not trickle down from the top. it grows from a thriving middle- class, and folks working hard to get into the middle-class. i think it is time our tax code stopped rewarding
who knew that he was driving our deficit? we are going after that. he has decided we are going after big bird. elmo is making a run for the border. the governor romney once wall street who run wild, but he is going -- if governor romney wants wall street to run wild, but he is going to bring down the hammer on "sesame street." we cannot afford another round of tax cuts for the wealthy. we cannot afford to roll back regulations on banks and insurance companies. we cannot got our...
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Oct 6, 2012
10/12
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CURRENT
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getting the biggest macro-approach in history and driving rates up across southern europe and budget deficits that are getting worse and worse. i don't see where mitt romney's argument has traction. it seems to me that the stimulus of the policy, traditional economics that barack obama has followed it seems to be working. neil, what am i missing here? >> romney has a point. things could be better. i don't know if they could have been made better, and that stimulus should have been bigger and if it has to do with the problems in the houseing market. there is a big target on the back of obama because of failed housing. there are not that many new arguments that romney can hang his hat on but that's an area that we have not seen exploited. >> i think you're right. if there has been one enormous failure policy, it's the mortgage and the number of homeowners who are underwater, meaning that their they owe more than the value of their house. mitt romney does not talk about that because his answer is none existent. >> you have these made up controversies because they're so close on many of the issue
getting the biggest macro-approach in history and driving rates up across southern europe and budget deficits that are getting worse and worse. i don't see where mitt romney's argument has traction. it seems to me that the stimulus of the policy, traditional economics that barack obama has followed it seems to be working. neil, what am i missing here? >> romney has a point. things could be better. i don't know if they could have been made better, and that stimulus should have been bigger...
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Oct 7, 2012
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to make a deficit neutral. if you actually run the numbers, which we have, if you take away every single tax break high- income people get, they still are better off with a rate reduction of 20%. the rate reduction is worth more to them that all of the deductions they get. if he sticks with the 20% rate reduction, high income people will see their taxes go down. if he will make his plan deficit neutral, he will have to raise taxes somewhere else. host: let's look at details of mitt romney's plan. he is calling for a permanent across-the-board 20% cut in marginal rates. it also maintains current tax rates on interest, dividends, and capital gains. eliminating taxes on adjusted gross income below $200,000. he would eliminate the estate tax and repeal the amt. jump into some of the other mentions for guest: us repealing the alternative minimum tax is something economists would like. it is a parallel tax system. in principle every american has to compute their taxes two ways. they have to pay whichever amount is hi
to make a deficit neutral. if you actually run the numbers, which we have, if you take away every single tax break high- income people get, they still are better off with a rate reduction of 20%. the rate reduction is worth more to them that all of the deductions they get. if he sticks with the 20% rate reduction, high income people will see their taxes go down. if he will make his plan deficit neutral, he will have to raise taxes somewhere else. host: let's look at details of mitt romney's...
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Oct 9, 2012
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but most of the economists have stated that governor run this plant will blow up the deficit or raise taxes on the middle class. it is one or the other. >> president obama is expected to take off at about 9:00 a.m. and will let you know how much impact this will have on your drive. >> record gas prices when a state wide so that average was at $4.64. >> jackie is an emerald builds to check the prices there. >> it is still f $4.75 for premium gas. gas prices have gone up so much that the two sf other from the federal trade commission to check why the prices have spiked so fast. you had the governor yesterday's state that we need to issue a winter blanket. take a look as some of these numbers they are unbelievable. california is a $4.67 and this is up 57¢ within one week. this will put california as the highest state for gas. san francisco prices may not go down. >> what goes up does not necessarily have to go down. >> let's give you a quick update on bay area sports. the the giants faced a do or die game. they have to win today to continue on. maybe they will get an advantage since the
but most of the economists have stated that governor run this plant will blow up the deficit or raise taxes on the middle class. it is one or the other. >> president obama is expected to take off at about 9:00 a.m. and will let you know how much impact this will have on your drive. >> record gas prices when a state wide so that average was at $4.64. >> jackie is an emerald builds to check the prices there. >> it is still f $4.75 for premium gas. gas prices have gone up...
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Oct 10, 2012
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you expose how detached the president is, as it relates to the budget dole and the deficit. he has a lack of relationships. you're best known for watergate. here we have a situation in benghazi, a known hot bed for terrorist training, an ambassador writing in his diary that he felt his life was in jeopardy. he requested additional security and it was denied. the libyan president said it was a terror attack from the very beginning. the white house went out there with this line that this was spontaneous with mortars and rocket-propelled grenades. it had nothing to do with america and the anniversary of 9/11. it was all based on a movie trailer. all of this story is unraveling. i would think, as a reporter, i am not a reporter, you are known to be a great reporter. this would be a gold mine. why are your colleagues in the media ignoring it? >> well, actually, some very strong stories have been done -- in the washington post -- they have. there is more to be done. clearly there is a disconnect -- i just want to correct one thing about what i say in the book about obama. i don't
you expose how detached the president is, as it relates to the budget dole and the deficit. he has a lack of relationships. you're best known for watergate. here we have a situation in benghazi, a known hot bed for terrorist training, an ambassador writing in his diary that he felt his life was in jeopardy. he requested additional security and it was denied. the libyan president said it was a terror attack from the very beginning. the white house went out there with this line that this was...
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Oct 9, 2012
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there was also a big focus on the economy, of course, including how to reduce the deficit and create jobs. >> i'm the only governor in modern times who left office with a smaller general fund budget than when i started, $5 billion worth of cuts. george has insofar shown an ability to make any kind of cuts. statement budget went up 45% in four years and then debt and spending skyrocketed in his time on the united states senate. on the tax side, i do believe we should let the bush tax cuts expire as planned. >> we do need a balance. there needs to be cuts made in federal spending. we need to grow the economy. i think there are a variety of things that ought to be cut and repealed and replaced is obamacare. that will save over $1 trillion. >> reporter: the two former virginia governors have been running neck and neck for 10 years. >>> one of the hottest issues on the ballot this year is question six and it is about same-sex marriage. opinions are strong even among some professional football players. >> coming up next, two mayors from the baltimore ravens with two different messages for
there was also a big focus on the economy, of course, including how to reduce the deficit and create jobs. >> i'm the only governor in modern times who left office with a smaller general fund budget than when i started, $5 billion worth of cuts. george has insofar shown an ability to make any kind of cuts. statement budget went up 45% in four years and then debt and spending skyrocketed in his time on the united states senate. on the tax side, i do believe we should let the bush tax cuts...
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Oct 9, 2012
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terms of the deficit. you may not like obama, you may not like his program, you may have a different way of looking at the way the country should run, but obama as the creator of the deficit? , i mean, he inherited this thing in the 2008. the economy in the uins. there was a decade running up the deficit. with the economy down it means lower tax collections. she contributed very little to the deficit in terms of the industrial problems. and the little he tried to do such as the modest stimulus have been condemned by the people. you may not like him, but the idea he created the deficit, is just bogus. >> host: the politicians, though find that in fact there's money coming from the hedge fund. there's money coming from the brother and the big industrial. >> guest: exactly. >> host: they feel, suspect, well, that's the pressure, the way the game is being played these days. and you look right now at the fundraising. romney is outraising obama in a lot of the wall street type, the business types say, you know,
terms of the deficit. you may not like obama, you may not like his program, you may have a different way of looking at the way the country should run, but obama as the creator of the deficit? , i mean, he inherited this thing in the 2008. the economy in the uins. there was a decade running up the deficit. with the economy down it means lower tax collections. she contributed very little to the deficit in terms of the industrial problems. and the little he tried to do such as the modest stimulus...
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Oct 6, 2012
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. >>> coming up, new polls out today show mitt romney with a double-digit deficit in his running mate's home state. we will give you the latest spread on that. >>> but first, which president obama is preparing to emerge at the next debate? we'll talk to his campaign's vice chairwoman, next. this is msnbc. >>> well, mitt romney is not backing off of his attacks of president obama's economic policies, no matter what the latest jobs report says. he told a florida crowd last night that the president is out of ideas and says wednesday's debate proved that. >> he got a chance to explain his jobs program. how he's going to create new jobs in america. did you hear what he had to say? i didn't either. i kept looking for a specific plan as to what he was going to do to create jobs. i heard more of the same, stimulus, hiring more government workers, raising taxes. those things don't create jobs, they cost jobs. >> joining me now is illinois democratic congresswoman jan schakowsky. she is also vice chair of the president's re-election campaign. and congressman, before i get to those jobs numbers, "
. >>> coming up, new polls out today show mitt romney with a double-digit deficit in his running mate's home state. we will give you the latest spread on that. >>> but first, which president obama is preparing to emerge at the next debate? we'll talk to his campaign's vice chairwoman, next. this is msnbc. >>> well, mitt romney is not backing off of his attacks of president obama's economic policies, no matter what the latest jobs report says. he told a florida crowd...
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you know, who knew he was driving our deficit? so we're going after -- he's decided we're going after big bird and elmo's making a run for the border and oscar's hiding out in the trash can and governor romney wants wall street to run wild again but bring down the hammer on sesame street. look, that is not leadership. that's salesmanship. we can't afford it. we can't afford to double down on top down economics. we can't afford another round of tax cuts for the wealthy. we can't afford to roll back regulations on wall street banks or on insurance companies. we can't afford to gut our investments in education or clean energy or research or technology. that is not a jobs plan. that is not a plan to grow the economy. that is not change. that is a relapse. we have been there. we have tried that. we are not going back. we are moving forward. and that's why i'm running for a second term as president of the united states. >> all right. so there's the president of the united states. you get the point. he's really going after the republican
you know, who knew he was driving our deficit? so we're going after -- he's decided we're going after big bird and elmo's making a run for the border and oscar's hiding out in the trash can and governor romney wants wall street to run wild again but bring down the hammer on sesame street. look, that is not leadership. that's salesmanship. we can't afford it. we can't afford to double down on top down economics. we can't afford another round of tax cuts for the wealthy. we can't afford to roll...
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Oct 8, 2012
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our national deficit has grown through $16 trillion. the president said he was gone to cut that in half, but it doubled under his watch. very disturbing is that when the president came into office there were 32 million americans on food stamps. today its 47 million. there is still an incredible number of ohioans and americans out there struggling. the choice is clear. we can have four more years like the last of zero four. what america needs is a real recovery. only romney and ryan can provide that. host: when the president took office we were losing 800,000 jobs a month. since the president took office, we have 5.5 million additional jobs. truck about the automobile recovering, he saved the automobile industry and 1/88 jobs in the state are reflective of the auto industry. i worked the railroad 41 years. the guys and women working there, they're happy, jumping up and down because they have employment. one out of eight jobs are connected to the auto industry. not only that, the government at the time, strickland, and the president came
our national deficit has grown through $16 trillion. the president said he was gone to cut that in half, but it doubled under his watch. very disturbing is that when the president came into office there were 32 million americans on food stamps. today its 47 million. there is still an incredible number of ohioans and americans out there struggling. the choice is clear. we can have four more years like the last of zero four. what america needs is a real recovery. only romney and ryan can provide...
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Oct 11, 2012
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and so, yes, we should tackle the deficit. and actually the deficit can be seen very much so as a children's issue because they will be paying back, but the fact is people believe we need to be making an investment o that that generation is strong and can fulfill their god-given potential. very strong, and it's bipartisan. democrats, republicans unanimously believe. i will also point out we even asked people who were tea party supporters. on five of the seven measures, the vast majority of tea party supporters opposed cutting children's programs. so two areas where we need to do a little bit of work with them is on head start and on student loans. but on child health medicaid, other issues, they opposed making cuts to children's programs. you have a question? >> morning. i'm bill o'hare, used to work on the kids count project. so i have a special place in my heart for any report that has data in it and i appreciate your efforts and actually have a two-part question if i could. any plan about replicating this in the future in t
and so, yes, we should tackle the deficit. and actually the deficit can be seen very much so as a children's issue because they will be paying back, but the fact is people believe we need to be making an investment o that that generation is strong and can fulfill their god-given potential. very strong, and it's bipartisan. democrats, republicans unanimously believe. i will also point out we even asked people who were tea party supporters. on five of the seven measures, the vast majority of tea...
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Oct 12, 2012
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we would still have a $300 billion deficit. there are not enough rich people to tax to pay for all of their spending. watch out, middle-class, the tax issues are coming to you. host: joseph is in our jacksonville, florida line, in support of president obama. caller: good morning. i enjoyed the debate. several things caught my eye with vice president biden's. he did a lot of laughing and smirking. some of it was called for and some was not. going back to last week, watching romney tell those untruths, i believe he had to do some of that because the only thing paul ryan was doing was complementing what romney was doing, which was lying. so i believe biden had to interrupt because there were times when things ryan was saying did not make any sense. the 47%, they cannot clarify the that this really has hurt a lot of people by what they have said and they cannot live up to that. then president obama gets in office the first day and the republicans say we will do everything we can to make sure you are one-term president. how can you
we would still have a $300 billion deficit. there are not enough rich people to tax to pay for all of their spending. watch out, middle-class, the tax issues are coming to you. host: joseph is in our jacksonville, florida line, in support of president obama. caller: good morning. i enjoyed the debate. several things caught my eye with vice president biden's. he did a lot of laughing and smirking. some of it was called for and some was not. going back to last week, watching romney tell those...
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we ended up moving from surplus to deficits. and it all culminated in the worst financial crisis since the great depression. >> i suppose mr. romney thought the president wouldn't recognize the term trickle-down if he twisted it around. romney is proposing boilerplate trickle-down economics providing tax relief for businesses with the false hope that they won pocket that money but rather put it into new jobs. help the rich get richer and then they'll help everyone else. but hey, mr. romney's plan as stated in the debate may in fact sound right to you. but don't call it new. it's a been there, done that track record. lower taxes on the rich, simply don't lead to job growth. when you compare the top marginal income tax rate, the tax rate that top earners get taxed over the highest threshold with employment, growth happens when taxes are higher, not lower. let me show you a chart that the president could have used this week to simplify the whole debate. this is what the election boils down to right here. larry bartels' chart makes
we ended up moving from surplus to deficits. and it all culminated in the worst financial crisis since the great depression. >> i suppose mr. romney thought the president wouldn't recognize the term trickle-down if he twisted it around. romney is proposing boilerplate trickle-down economics providing tax relief for businesses with the false hope that they won pocket that money but rather put it into new jobs. help the rich get richer and then they'll help everyone else. but hey, mr....
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when people talk about the deficit -- it is not the deficit or debt but joblessness which is the great crisis of our times. the deficit and debt did not arrive from some inaccurate conception. two unfunded wars, medicare part d. let them speak to that. mitt romney has it fantastical approach to arithmetic. at the bottom of it, there is a commitment and an ideology to insuring that the top 1% make out real well. those most vulnerable at the bottom of the society who need a helping hand in times of fiscal economic crisis are put aside. it is ideological and i think the term "common-sense" is a terrific one to achieve and try to revive that one as you talk to c-span and agitate your committee. host: let's go back to the bus. john, what is your question? >> how is mitt romney going to be able to win independent voters after he alienated them in the primary? guest: i think that debate over night, which you watched as a student of political science and journalism -- he pivoted to some of the positions that he explicitly set aside during the primaries, where he became truly one of the most --
when people talk about the deficit -- it is not the deficit or debt but joblessness which is the great crisis of our times. the deficit and debt did not arrive from some inaccurate conception. two unfunded wars, medicare part d. let them speak to that. mitt romney has it fantastical approach to arithmetic. at the bottom of it, there is a commitment and an ideology to insuring that the top 1% make out real well. those most vulnerable at the bottom of the society who need a helping hand in times...